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921 — Hisense Home Appliances News Story

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Hisense Home Appliances HK shares near 4-month low as H1 profit drops

BUZZ-Hisense Home Appliances HK shares near 4-month low as H1 profit drops

** Hong Kong shares of Hisense Home Appliances Group 0921.HK fall 6.1% to HK$21.14, their lowest level since April 28

** Stock on course for its biggest one-day pct drop since June 30

** Shenzhen-listed stock 000921.SZ slides 5.5% to 24.11 yuan, lowest point since July 27

** Chinese home appliance maker said H1 total operating revenue fell 5.2% y/y to 46.77 billion yuan ($6.93 billion), net profit attributable down 20.1% y/y to 1.66 billion yuan

** YTD, Shenzhen shares up 3.2%, while Hong Kong stock down 6.6%, benchmark Hang Seng Index .HSI down 1.3%
($1 = 6.7441 Chinese yuan renminbi)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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